The Economics of the Super Bowl by Yvan J. Kelly & David Berri & Victor A. Matheson

Author:Yvan J. Kelly & David Berri & Victor A. Matheson
Language: eng
Format: epub
ISBN: 9783030463700
Publisher: Springer International Publishing

Before Brady and the Patriots defeated Seattle in Super Bowl XLIX, the Patriots hadn’t won a Super Bowl in ten years. And if we looked back at the three Super Bowls Brady had won before Super Bowl XLIX, we may not be impressed. In all three victories Brady and the Patriots had only won by a single field goal.

Had the Falcons and Seahawks simply run the ball, it is very possible that in 2017 people would be wondering whatever happened to Tom Brady. How did a player who won three Super Bowls in his younger days suddenly start losing every time he got his team to the biggest stage? And those questions would have been even louder when the Patriots lost Super Bowl LII (i.e., Super Bowl 52) to the Philadelphia Eagles. In the aforementioned parallel universe (where Brady’s opponents remember to run the ball), Brady would have been a loser in five consecutive Super Bowl appearances.

As Berri (2017a) argues:It is important to emphasize that this parallel universe is not created by the choices Brady made. This parallel universe was created by different choices made the opposing team’s offenses in the Super Bowl. Because these other teams chose poorly, Brady has morphed from an older quarterback who can’t win anymore into a quarterback that many consider the greatest ever. In both universes, Brady is the same player. But in one universe (the one you and I live in) Brady played opponents who apparently didn’t make great choices. And in the parallel universe, Brady’s opponents were slightly smarter.

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